on the DTF of GBPAUD
is very interesting currently. For the last two weeks the volatility
bands have narrowed and and we have a classic squeeze. Over Thursday and Friday the RSI
line has crossed the signal line to the north.
I'll be watching this pair closely as any sign of the volatility
lines widening and the RSI
pushing north could signal a major move north in this pair.
But for now we wait.
BUY above 1.6102
SELL below 1.6066